Futures for the S&P 500 index, Dow Jones industrial average and Nasdaq 100 fell slightly late Tuesday as investor fears grow that President Trump will impose sweeping tariffs on Chinese imports in the near future. Boeing (BA) and Apple (AAPL) are among the stocks most at risk from a trade war with China, along with Intel (INTC), Micron Technology (MU), Nvidia (NVDA) and other chipmakers.

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Trump is looking to slap tariffs on $60 billion worth of Chinese imports, focusing on tech and telecom products, Reuters reported late Tuesday. That followed a Politico report during the market session that Trump had rejected a $30 billion China tariff figure as too low. Trump plans to target tech and telecom products to punish China for forcing U.S. companies to give up intellectual property rights to operate in the country.

Those are tame losses, but the Nasdaq fell 1% during the regular session while the S&P 500 lost 0.6% and the Dow 0.7%. Also, investors have feared a broader trade dispute, especially with China, ever since Trump announced he would impose a 25% tariff on imported steel and 10% on important aluminum.

Boeing fell 1.6% to 338.67 in Tuesday’s stock market trading, dropping below its 50-day moving average for the first time since May 2017. Boeing fell a fraction after the close. Boeing expects China to buy thousands of planes in the coming decade. China’s state-owned airlines could easily favor Airbus (EADSY) in the event of a trade war. Boeing also is somewhat exposed to the Trump tariffs on steel aluminum.

Apple lost 1% to 179.97, undercutting a 180.71 buy point. Apple makes most of its iPhones and other gadgets in China via Foxconn and other contractors. China also is a huge consumer market for Apple, though the iPhone has had some struggles amid fierce local competition. Apple fell a fraction in late trade.

Intel, another Dow Jones stock, closed up 0.5% to 51.78. But the stock initially shot up to 53.78 intraday on relief that the world’s largest chipmaker was less likely to make a defensive offer for Broadcom (AVGO) after Trump blocked Broadcom’s ambition to buy Qualcomm (QCOM) on national security grounds. Intel sank 1% in late trading.

Micron Technology has been on a huge run, and edged up 0.3% to 158.22 on Tuesday, paring intraday gains. Shares of the memory-chip giant fell 1.2% in late trade.

Nvidia reversed from solid intraday gains to close down 0.8% at 247.71. Shares fell 0.4% late.

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